PSINet, Farallon Team Up for ISDN Service Promotion for Small Businesses

ALAMEDA, Calif., April 15, 1996 -- Farallon Computing, Inc., and PSINet,
Inc. (NASDAQ: PSIX) today announced that PSINet's "America's Business"
promotion will be extended through June 30, 1996, and that Farallon's
Netopia Internet Router is the standard connectivity hardware shipped with
the ISDN option of the promotion. The promotion, targetted at small
businesses, offers both new and existing PSINet LAN-ISDN customers
significant savings on Internet products and services. For a minimum
12-month commitment, customers will receive:

* Farallon's Netopia (model 640) enables a business to gain high-speed
Internet access over a shared high-speed ISDN (128K) line. Designed for
non-technical professionals, one Netopia easily connects an entire
business to the Internet with the broadest set of on-board network
interface options and unparalleled ease of use. Netopia is the only
product of its kind that offers cross-platform support for PC, Macintosh,
and Unix systems.

* PSINet's LAN-ISDN service with free news feed provides "on-demand" TCP/IP
connectivity and Internet access using a standard ISDN BRI digital circuit
available from the local telephone company. It provides access at up to
128Kbps without the complexity of leased line connections.

* PSIWEB is an advanced World Wide Web service that hosts the customer's
web site on servers positioned directly on PSINet's T3 core. PSINet
performs comprehensive site maintenance - 24 hours a day - while customers
still control content, costs, and updates.

* Free PSINet WEBSTART web design and consultation service to establish a
customer's business presence on the World Wide Web, quickly and easily,
via a complete turnkey solution.

For the majority of computer users - those in workgroups - direct
connection to the Internet has been expensive and complex. By providing
the Netopia products and LAN-ISDN service, Farallon and PSINet offer
workgroups the most affordable and easy-to-use Internet access solution on
the market.

"We are pleased that PSINet has selected Farallon's Netopia router as the
solution of choice for its America's Business promotion so that we can
bring easy-to-use, high-speed Internet access solutions to more
businesses," said Kiran Narsu, Farallon's director of business
development, Internet solutions.

Last year, Farallon and PSINet began their partnership by providing
customers of Farallon's Netopia Internet Solution with three months of
free PSINet LAN-On-Demand service and registration, a value of $1,250. As
part of the agreement, PSINet can resell Farallon's Netopia solution
direct.

"PSINet's relationship with Farallon continues to grow because of the
synergy in our missions," said Bruce Ley, vice president of marketing,
corporate services, for PSINet. "We both want to bring easy and
economical, one-stop shopping solutions to individuals and businesses
seeking to get on the Internet."

Netopia Internet Solution

The Netopia Internet routers connect local area networks to the Internet
via a shared ISDN line. Bundled with the routers is the Netopia Starter
Kit of Internet software, including Netscape Navigator, Microsoft Plus!
Internet Jumpstart Kit (includes the Microsoft Internet Explorer, Windows
95-based web browser, and SMTP Internet mail reader), TCP/IP, and Eudora
Lite. Farallon also offers the Netopia ISDN Modem, a cost-effective
solution for individuals seeking high-speed Internet access.

Farallon's first-of-its-kind Internet support program, Up & Running,
Guaranteed!, is offered as an option to Netopia ISDN Modem and Router
customers at a price of $99 and $499 respectively. Through the program,
individuals and workgroups are guaranteed end-to-end Internet connection
services, from ordering and provisioning the ISDN line, to connecting to
an Internet service provider and configuring the Netopia hardware. The
program also includes a free twin-pack of Farallon's popular Timbuktu Pro
real-time collaboration software. The Up & Running, Guaranteed! program
eliminates the hassles of coordinating and configuring equipment, ISDN
phone lines and Internet service - Farallon handles it all.

Farallon and PSINet

PSINet is an Internet-optimized network which currently has more than 305
points-of-presence (POPs) worldwide. Internet access options range from
modem dial-up and ISDN for telecommuters and small office LANs to
dedicated high-speed circuits for corporate connectivity. Pipeline, a
PSINet individual service, received PC Magazine's "Editor's Choice" award
as the best nationwide Internet Service Provider. PSINet has defined
industry standards and is a leader in technological innovation and new
service development. The company has its headquarters in Herndon, Va.,
with sales and field service offices across the U.S., Cambridge, England,
Toronto, Canada and Tokyo, Japan. Further product, availability and
pricing information can be obtained by calling (703) 904-4100; through
PSINet's Web site at http://www.psi.net/; or by sending an e-mail request
to info@psi.com.

Farallon

Founded in 1986, Farallon Computing, Inc. is an industry-leading developer
of networking products that enable Internet and Intranet users to increase
their productivity. With over 30 percent of the schools in the United
States networked with Farallon's products, the company is again taking a
leadership position by contributing its knowledge and expertise of the
Internet to students and teachers.

For more information on Farallon's new Internet access routers or the
company's broad line of hardware and software networking products, contact
your nearest Farallon reseller or Farallon Customer Service at telephone
(510) 814-5000, fax (510) 814-5023 or Internet info@farallon.com. A list
of Farallon distributors worldwide is available on the company's Internet
World Wide Web server at http://www.farallon.com or from Farallon Customer
Service. Farallon is headquartered in Alameda, Calif. and has European
offices in Paris and London.

FOR GENERAL AND PRODUCT INFORMATION, CONTACT:

 CUSTOMER SERVICE
 Farallon Computing
 (510) 814-5000
 info@farallon.com

FOR PRESS INFORMATION ONLY, CONTACT:

 AMAL ABED
 Farallon Computing
 (510) 814-5307
 amal@farallon.com

 BRIAN MUYS
 PSINet
 (703) 904-4285
 muysb@psi.com
 
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